Chelsea ownership group BlueCo has agreed to buy a stake in French top-tier club Strasbourg in a significant step forward in its plans for multi-club ownership.
The consortium, which purchased the Premier League club in May last year, are to become new shareholders "subject to a consultation process with the relevant employee representative bodies."
A statement said Thursday: "The shareholders of Racing Club de Strasbourg Alsace today announced an agreement with BlueCo, the consortium which purchased Chelsea FC in May 2022.